Wall Street has breathed more freely these two days. News this afternoon that all the banks from Charleston to Philadelphia have suspended. I don't know that we need suffer in consequence.
SOURCE: Allan Nevins and Milton Halset Thomas, Editors, Diary of George Templeton Strong, Vol. 3, pp. 64
1 comment:
The image of Wall Street breathing easier in 1860 is striking, these daily diary entries make history feel so immediate. Never knew about the Charleston bank suspensions.
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